Malaysian palm oil price extends fall to 1-month low on weak demand outlook

In a filing with Bursa Malaysia, IJM said pursuant to the agreement, IPS and the individual shareholder would own 20% and 5% stakes in PT PSS respectively, while KLKPH would own a majority of 75%.

NEW DELHI: Malaysian palm oil futures extended falls into a fourth session on Thursday and hit their lowest in one month on continued concerns about weak demand outlook, while declines in Chicago soybeans weighed on the market as well.

The palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was down 0.5 percent at 2,382 ringgit ($599.55) a tonne at the midday break.